PRACTINCING COST ACCOUNTANT
75 Points
Joined September 2013
TDS provision under GST is different from TDS provision under Income Tax.
TDS provision under GST is illustrated under Section 51 onwards,
TDS is to be recovered by Government agencies/Local authorities and other persons as notified by the Goverment against payment exceeding 2.5 Lacs ( @ 1% each under CGST and SGST) and to be remitted along with filing of returns GSTR7.
TDS provision is also made applicable to Electronic commerce operators under Section 52 against payment made to Suppliers.
But it is understood that the applicability of these provisions have been deferred till 30-09-2018 by the GST council